Critical Illness Insurance Advice in Sheffield

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Expert Mortgage Advisor | Sheffieldmoneyman

Critical Illness Insurance Advice in Sheffield

Critical Illness Insurance pays out a lump sum if you are diagnosed with one of the conditions on the policy such as Cancer, Heart Attack or Stroke. Sometimes Insurers receive criticism for declining claims when someone is very ill but with an illness not covered on their policy but most major providers actually payout over 90% of claims.

If claims are denied it can also be because the claimant did not disclose an underlying medical condition they have when they took the policy out.

In the event of a claim the lump sum is paid out irrespective of whether the claimant returns to work or not, the key thing is whether the illness they had matched the definition on their policy.

The claimant can use the lump sum they receive for any purpose they wish. Be this to repay their mortgage, pay for medical care or make modifications to their home.

Different insurers cover different illnesses on their policies and it’s wise to take advice prior to selecting a policy. This will ensure that you end up with one that is suitable for your needs. Critical Illness Insurance is much more expensive than life cover because the chances of you making a claim are far higher.

Your chances of surviving the types of conditions covered are far higher than they were 30 years ago. However, if you are unfortunate enough to contract one of them then there are often financial consequences. Hence the popularity of the cover, especially for applicants who have mortgages or children to think about

Our Critical Illness Insurance Advice Service

It’s very
important to us that all of our customers are given an equal opportunity to take
insurance our through ourselves. We
wouldn’t be doing our job right if we didn’t mention it!

We offer all of our customers a free, no-obligation protection review where we’ll have a look at any existing policies you have in place and assess their suitability. We’ll then recommend which products, including critical illness and income protection that meet your needs. If required, we’ll then tailor the plan to match your available monthly budget.

I could not fault the service we received from Jason and his colleagues at Sheffield Money Man at all! They were quick to respond to any questions, were willing to work with our particular requirements, and were 100% ethical and transparent in all of their communication. I'll definitely be recommending them to friends and colleagues !

Alice B

Brilliant service received from Sheffield Money Man! Unfortunately we had a purchase fall through but they were there every step of the way. If we had any questions they were answered very quickly and accurately. I really can't recommend Sheffield Money Man enough and will definitely be using them again in the future. A special thankyou to Jason, Mel and Laura

Matthew B

Very knowledgeable team that were able to quickly process our mortgage offer and life insurance. I would recommend them to others especially if you require a quick turnaround.